Dear sir, why formal arrangements should be in place for considering how to apply financial reporting principles??? Shouldnt the person preparing the accounts would already know these principles????
I think I’m correct in saying that within IAS / IFRS there are a number of situations where alternative treatments are allowed as distinct from the benchmark.
Surely it’s important that there is some degree of formality about which alternative should be consistently followed.
Depreciating assets over their useful life is an accounting policy. But the rate at which those assets are depreciated (straight line, reducing balance, machine hour, sum of the digits) needs to be known and formalised. And then consistently applied
It’s ok saying the preparer already knows but without the formalities of transparency and openness, if no-one else knows, how can anyone be certain that the preparer is following selected and acceptable principles
I am finish with my exams for June 2013 and want to start preparing for exams in december. Please let me know if the lectures would be chaninging for p1 or I can go ahead and start studying with the current lectures on open tuition.
Lectures are brilliant and easy to follow. I have not had a single problem with the quality of the video. Guys pls check your Internet connections make sure u v upto date updates of your PC. Well presented lectures. Bravo
Dear sir,
why formal arrangements should be in place for considering how to apply financial reporting principles??? Shouldnt the person preparing the accounts would already know these principles????
I think I’m correct in saying that within IAS / IFRS there are a number of situations where alternative treatments are allowed as distinct from the benchmark.
Surely it’s important that there is some degree of formality about which alternative should be consistently followed.
Depreciating assets over their useful life is an accounting policy. But the rate at which those assets are depreciated (straight line, reducing balance, machine hour, sum of the digits) needs to be known and formalised. And then consistently applied
It’s ok saying the preparer already knows but without the formalities of transparency and openness, if no-one else knows, how can anyone be certain that the preparer is following selected and acceptable principles
Thank you!! 馃檪
Can I download the video lectures and watch them later?
No, sorry, videos are not downloadable – it’s the only way we can keep this site free.
Is anyone able to download these notes and watch them later
You can download the notes – click on “download the course notes”
Hi
What is ‘The Management commentary in P1 ‘
voluntary disclosures
Thank you for teaching
Hi,
I am finish with my exams for June 2013 and want to start preparing for exams in december. Please let me know if the lectures would be chaninging for p1 or I can go ahead and start studying with the current lectures on open tuition.
Thanks!
Hi Natalie
There’s not likely to be any changes between now and December 2013, so you can safely start straight away 馃檪
Thank you mike. I ‘m glad. These lectures are really interesting thus far.
Lectures are brilliant and easy to follow. I have not had a single problem with the quality of the video. Guys pls check your Internet connections make sure u v upto date updates of your PC. Well presented lectures. Bravo
Admin:pls tell me how to print ot notes?cz i cudnt see a print option.
Download then print
Haha.. Person-chester United.. 馃榾
very easy to understand and follow. much appreciated.
sometimes the writings are not clear. could you please do something about for me.
the video keeps on streaming and sometimes cuts off when am in the middle of a lecture. can you help?
press play and restarts from any point in the lecture
Hello Admin,
Are these lectures valid for June 2013 Exams?
Regards
Admin:is it valid for 2013?
Yes it is still ok for June
funny and informative
Excellent lecture
Thanks. It’s very useful.
Really 5 star..good job man..
Thank you very much for the lecture!!!
The lecture is well understood and i do not need any more lecture than this instead i need to read the text and back it up with past question.
P1 video lecture is imposible to watch or listen as it is would not open for about 30min and when it has finally opened it stops every 2 min 馃檨
The problem is your internet connection to the site, not the lecture!
very useful